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Eurosystem continues to shed staff

Martina Horakova

30 Nov 2009

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The number of central bankers in the 16 national central banks that now make up the Eurosystem stands at 46,607, a fall of 9.7% since 2004, reveals the 2010 edition of Central Banking Publications' Central Bank Directory.

Within the Eurosystem, the national central banks of France and Germany employ the most staff with 23,838 employees between them, over half the total. Nevertheless, staff levels in the Bundesbank and the Banque de France have fallen by 3,104 since 2003 (13%). The national centr